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Alkane Resources Ltd
ASX:ALK

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Alkane Resources Ltd
ASX:ALK
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Price: 1.53 AUD 2%
Market Cap: AU$2.1B

Wall Street
Price Targets

ALK Price Targets Summary
Alkane Resources Ltd

Wall Street analysts forecast ALK stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ALK is 2.08 AUD with a low forecast of 1.97 AUD and a high forecast of 2.26 AUD.

Lowest
Price Target
1.97 AUD
29% Upside
Average
Price Target
2.08 AUD
36% Upside
Highest
Price Target
2.26 AUD
48% Upside
Alkane Resources Ltd Competitors:
Price Targets

Revenue
Forecast

24% / Year
Past Growth
48% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss
24% / Year
Past Growth
48% / Year
Estimated Growth
Estimates Accuracy
-1%
Average Miss

For the last 11 years the compound annual growth rate for Alkane Resources Ltd's revenue is 24%. The projected CAGR for the next 3 years is 48%.

Operating Income
Forecast

N/A
Past Growth
88% / Year
Estimated Growth
Estimates Accuracy
-8%
Average Miss
N/A
Past Growth
88% / Year
Estimated Growth
Estimates Accuracy
-8%
Average Miss

The compound annual growth rate of Alkane Resources Ltd's operating income for the next 3 years is 88%.

Net Income
Forecast

N/A
Past Growth
92% / Year
Estimated Growth
Estimates Accuracy
-62%
Average Miss
N/A
Past Growth
92% / Year
Estimated Growth
Estimates Accuracy
-62%
Average Miss

The compound annual growth rate of Alkane Resources Ltd's net income for the next 3 years is 92%.

Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is ALK's stock price target?
Price Target
2.08 AUD

According to Wall Street analysts, the average 1-year price target for ALK is 2.08 AUD with a low forecast of 1.97 AUD and a high forecast of 2.26 AUD.

What is Alkane Resources Ltd's Revenue forecast?
Projected CAGR
48%

For the last 11 years the compound annual growth rate for Alkane Resources Ltd's revenue is 24%. The projected CAGR for the next 3 years is 48%.

What is Alkane Resources Ltd's Operating Income forecast?
Projected CAGR
88%

The compound annual growth rate of Alkane Resources Ltd's operating income for the next 3 years is 88%.

What is Alkane Resources Ltd's Net Income forecast?
Projected CAGR
92%

The compound annual growth rate of Alkane Resources Ltd's net income for the next 3 years is 92%.

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